EDUCATION UGC NET
EDUCATIONAL SOCIOLOGY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Industrialization has led to the production of a huge wealth
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The industrialists belong to the upper class of the society
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Each country has had tremendous development of industry
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Modern industry has become extremely technical, science-based, knowledge- based; and scientific and technical knowledge is gained only through education
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Detailed explanation-1: -Generally speaking, the industrial economy concerns those activities combining factors of production (facilities, supplies, work, knowledge) to produce material goods intended for the market.
Detailed explanation-2: -Industrialization has been instrumental in the economic development of the world. The process has improved productivity and allowed for mass production, which has increased standards of living.
Detailed explanation-3: -Industrialisation in India Industrialisation provides greater opportunities for employment in small and large scale industries. In an industrial economy, industry absorbs underemployed and unemployed farmworkers, thus increasing community income.
Detailed explanation-4: -A knowledge-based economy is characterized by dependence on a highly-skilled, well-educated, and technically-minded workforce. It makes use of advancements in technology alongside intellectual capital to move away from material consumption and aim toward an economy built on knowledge and data.